Fed Chair Kevin Warsh Considers Fewer FOMC Meetings Annually

Federal Reserve Chair Kevin Warsh is reportedly contemplating a reduction in the number of regular Federal Open Market Committee (FOMC) meetings held each year. Currently, the Fed convenes eight policy meetings annually, but Warsh is considering cutting this number down to six, according to the New York Times.

FX Street also reported that Warsh is weighing whether the US central bank should hold fewer policy meetings, signaling a potential shift in how the Fed approaches its monetary policy calendar. Such a move could impact the frequency of policy announcements and market guidance from the Fed.

For Japanese investors and market participants, any change in the Fed’s meeting schedule could influence the timing and volatility of USD-based assets, including FX and equities, given the central bank’s global economic influence.